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20121101
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. tracie potts is in washington with the latest on that. good morning to you. >> reporter: lynn, good morning. and in that speech, and it will be a speech because there will be no questions, we're told, from the white house, the president will urge congress to do one thing immediately. extend the bush tax cuts. that means your tax rate would not go up as of january 1st. beyond that, it's still vague. we're told he won't pitch a specific plan but he will urge congress, republicans and democrats, to cooperate to avoid that fiscal cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people are making more money and that will create more tax revenue. lynn. >>
Search Results 0 to 1 of about 2 (some duplicates have been removed)

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